Category Archives: Main Page

Shilling on inflation expectations, technology, productivity and the 35-year bond bull

Financial analysts who are diligent in their measurements, and independent (as opposed to those who are mandated to perpetually flog financial products), are able to recognize and anticipate financial trends, risks and opportunities. Mean reversion is the immutable law. The … Continue reading

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Rise of the machines: here to stay

Machines will continue to bring manufacturing closer to where the products are consumed, while also eroding human jobs and wages in these areas. Major deflationary force in the world. Number of robots in Amazon warehouses: 2016: 45,000 2015: 30K 2014: … Continue reading

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Car execs charged, bankers still at large and wrecking havoc

I have been pointing out since 2009, that the Obama administration failed its calling when it chose to not prosecute bank executives for the criminal activities they directed, oversaw and willfully overlooked in their companies.  The financial crisis handed the … Continue reading

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Confidence not enough to boost economy

Today the US Commerce Department reported retail sales rose 0.6% in December from a month earlier.  Though helped by strong car sales and higher gas prices, sales in other categories were flat on the month and underscored how bad the … Continue reading

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Progress: Takata executives criminally charged re air-bag fraud

Some good news. It’s about time.  See: Takata executives criminally charged in US probe of faulty air bags: The indictment alleges the executives, who worked at Takata both in Japan and the U.S. for decades, participated in manipulating test data. … Continue reading

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Auto sector fraud: widespread, profitable business model

As we thought likely, revelations of emissions fraud are now spreading beyond Volkswagen.  Fiat Chrysler shares were down more than 13% today as the U.S. Environmental Protection Agency accused the company of also using software to allow excess diesel emissions … Continue reading

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